Country 105

 

     
Country 105

Country 105


Agriculture Report

Farmers Happy with Solar Change

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OFA says solar rate change by OPA will help farmers.


Length:

A lot of happy farmers out there today thanks to a reversal by the Ontario Power Authority and the provincial government.

Over the weekend, the OPA and Government back tracked on the amount that would be paid to farmers using ground mounted solar panels to generate electricity.

Now the OPA and Government have raised the rate to 64 cents a kilowatt and for anyone applied before July 2nd, the initial 80 cent rate will remain.

OntarIo Federation of Agriculture President Betty Jean Crews the initial price drop would have seriously hurt the people selling the solar equipment.

Crews says this shows that in fact the voice of agriculture and rural Ontario is being heard at Queens Park.

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The former president of the Canadian Cattlemen's Association says there are some encouraging signs for the beef industry.

Brad Wildeman says prices are getting stronger and the size of Canada's cattle herd has dropped.

However, he says there are still challenges.

Wildeman says heavy rains and flooding are expected to reduce the amount of cattle feed available this year.

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The federal government is giving beef slaughtering plants more time to apply for assistance cash.

Ottawa has extended the application deadline for the initial phase of the Abattoir Competitiveness Program to August 27th.

The program is designed to help federally and provincially-inspected slaughter facilities that handle cattle that are over 30 months old.

The 25-million dollar program is to help offset the cost of removing specified risk materials from cattle.

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Agrium wants to buy Australian grain marketer A-W-B Limited in a deal worth 1.24 billion dollars.

The fertilizer giant says it wants to enhance the product and service offerings to the Australian and New Zealand grower.

AWB was formed in 1939 as the Australian Wheat Board and was Australia's statutory grain marketing authority for over 60 years.

Agrium, with more than 11 thousand employees, is a major fertilizer company with operations in Canada, the United States and Argentina. 

 

 


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